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A Market Without Barack and Bernanke

I wrote an
article
for
The Street about
Magellan Midstream Partners(MMP) last week. This is a stock that has performed very well over the years for its investors and should continue to do so under a Romney administration.

As you can see, the stock has roundly beaten the
S&P 500 over the last one, three, five and 10 years. Not bad for a dividend payer that currently has a yield of 4.2%.

The stock currently ranks 120th out of the 3,080 stocks that I follow. Again, not bad for a stodgy, old, dividend-paying pipeline stock. The stock would more than likely continue to flourish under a "drill, baby, drill" platform. It remains to be seen if the environment can be protected under such a strategy.

Notice how the insurance sector has been moving up in rank overall since the first debate. You may want to take a look at a company like
Fidelity National Financial(FNF), a Jacksonville, Fla., company that provides title insurance and specialty insurance. This stock also gives you exposure to the resurgent housing industry, a subject I
wrote about
two weeks ago.

If President Barack Obama does indeed lose his bid for another four years, what industries would suffer? More on that in future articles, but here is a hint: Can it get any worse for the "green energy" stocks? Yes!

At the time of publication the author had no position in any of the stocks mentioned but clients of Gunderson Capital Mgt. have a position in SDRL.